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How do you ask for points?
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Yes, just fewer total points, as points are earned against spend.
I would double check that. Typically hotels do not offer points for discounted rates. Points are only offered for rack rate.
Hotels always give points for rates booked through corporate codes (literally have earned points this way hundreds of times with multiple companies). I would suspect that a majority of hotel points that travelers earn are earned on stays booked with corporate codes :)